Embrace a live-work lifestyle in Polokwane’s Work-Home-Play precinct—versatile 1,088m² stand ideal for live-work setup, leasehold with renewable notarial lease and finance options.
A well-sized 1 088m2 stand within the innovative Work-Home-Play development, offering a versatile space for future residential and business activities.
A 25% first lease payment secures the property. The balance follows the agreed payment structure. Services commence once the minimum uptake threshold is met.
Leasehold Zoned Vacant Land (Polokwane): You don’t buy the land outright—you secure it on a 49.75-year, perpetually renewable Notarial Lease (registered in the Deeds Office), with the option to convert to Freehold later once the developer finalises the freehold purchase.
How payments work: pay 25% upfront, then monthly lease calculated at 8% p.a. on the remaining balance (max 75% of land value)—buildings/improvements are excluded. Escalation is CPI-based, you can build, finance (banks can bond), and resell like normal ownership.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,849,600
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 194 listings in Bendor
Insight
Priced close to the median for similar land listings.
Similar properties pricing
Key differences
Market depth
194 similar listings
High similar land inventory in Bendor
Median time on market: 81 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
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Bendor is a sought-after, upscale residential suburb in Polokwane known for its modern homes, proximity to major shopping hubs, and a convenient lifestyle perfect for families and professionals.
* Distances and amenities are approximate.